Thycotic’s Cyber Security Publication

It’s Coming… The New Face of PAM

November 20th, 2017

At Thycotic, we are experts in Privileged Account security – and soon, we’ll be releasing new features, capabilities, and products to help ensure that our customers’ privileged accounts and endpoints remain secure from the growing threat of cyberattacks. What we’re working on will change how companies think about privileged account management and oversight.

Our customers tell us that they love how Thycotic treats them like a partner, where end users can own their deployments and become experts in our products because our software is intuitive and easy to learn.

And today, we wanted to give you a glimpse of what we’ve been working on and talk to you about the fundamental ethos of Thycotic software—how we build the easiest to use, configure, and deploy PAM solutions on the market, and retain 97% of our customers.

The Thycotic product and engineering teams have been working around the clock to deliver new capabilities and features to help our users safeguard their privileged secrets. So over the next several months, we’ll be rolling out some amazing updates to our product portfolio, including more support for DevSecOps integrations, enhanced granular alerting and reporting capabilities, and tighter integration across our solutions, resulting in deeper visibility of vulnerabilities on network endpoints. These updates are designed to ensure that our users have even more control, visibility, and management over their privileged accounts, users, and machines.

Our Ethos

Seamless software is built into our DNA. We were founded because companies need an easier way to manage their passwords, and by developing Secret Server, we’ve delivered IT Admins and security teams a solution that takes minutes to install, configure, and deploy. Our users don’t need to rely on our tech support team to get our software up and running – it just works.

Building first-rate security solutions, which are easy to use, scalable, and battle-tested is the core of our product strategy at Thycotic. We are hard at work making sure that our end users are self-reliant, saving them the time, money, and headaches that come with configuring overly complex, unintuitive software solutions.

Our success at Thycotic comes from the 10,000+ companies who leverage Thycotic PAM solutions to safeguard their privileged accounts and endpoints. Our customers include some of the largest global technology, health care, financial services, civilian and military organizations from every country on the planet. And many of these organizations have the most global and highly complex security environments in the world and continue to rely on Thycotic’s solutions over any other vendor in the market.

And we’re not done innovating – not even close.

With Privileged Behavior Analytics, we released powerful functionality that monitors and alerts on suspicious activity associated with privileged accounts. Powered by advanced machine-learning algorithms in AWS, PBA delivers real-time situational awareness into an organization’s privileged security posture, without having to rely on a bulky, conventional SIEM. PBA will notify administrators when user access privileges need to be updated, while automatically locking out users when suspicious activity occurs.

Over the next few months, we will be rolling out new updates to the Secret Server User Interface while ensuring that our user experience remains as seamless and reliable as ever. Secret Server has long been the fastest to deploy, easiest to use, and most highly extensible PAM solution on the market. Our 97% renewal rates are a testament to our adoptability and the way we have always incorporated customer feedback into our development process. Companies who haven’t had UX at the core of their product strategy can’t fix clunky simply through aesthetic changes. Our ethos of usability and simplicity runs through the heart of Thycotic, and we’re excited to bring you even more clean, simple to use experiences.

You won’t have to wait long…. Sign up now to see it first and be part of the feedback team.

And while much of our R&D work is still under wraps, I will hint that there some very big things in store for us over the next few months and into 2018. Stay tuned for more!

Jai Dargan is VP of Product Management, responsible for Thycotic’s overall product strategy, roadmap, execution, and end user experience. Prior to joining Thycotic in April of 2017, Jai worked in different product management roles at Metalogix Software, a Microsoft ISV, where he launched and led enterprise security and compliance products. Prior to Metalogix, Jai co-founded Pim Labs, a social-network security startup, acquired by Metalogix.